Latest Market Update News

Finexia Financial Group announces the resignation of Interim CEO Marc Duncan as the Board intensifies its review of credit operations and pursues ASX securities reinstatement.

AJ Lucas Group Limited has secured a short-term extension on its debt maturities as it advances refinancing negotiations, signaling cautious optimism for its financial restructuring.

GWR Group Limited reported $2.53 million in royalties from the Wiluna Iron Ore Project through February 2025 and continues exploration at its Prospect Ridge Magnesium Project with pending assay results. The company holds strong cash reserves and is actively pursuing a major Western Australian acquisition.

Foresta Group Holdings advances its flagship Kawerau renewable energy project with inclusion in New Zealand’s Fast-Track Approvals Act, a key term sheet with Genesis Energy, and $2 million raised via convertible notes.

Titan Minerals reports significant drilling progress and metallurgical breakthroughs at its Dynasty Gold Project, while JV partner Hanrine accelerates Linderos Copper drilling. The company strengthens its balance sheet with a $25.7 million capital raise and clears debt.

Sun Silver Limited has initiated a focused drilling campaign at its flagship Maverick Springs Project in Nevada to upgrade its substantial 480Moz silver-gold resource and explore expansion opportunities.

SEEK Limited’s FY2025 half-year results reveal a revenue dip and profit contraction, yet the company delivers a robust free cash flow surge and raises its interim dividend, underscoring resilience amid evolving market conditions.

Perpetual Limited has received updated, non-binding proposals from KKR for its Wealth Management and Corporate Trust businesses, but key terms and shareholder proceeds remain uncertain.

GWR Group is actively pursuing a transformative transaction in Western Australia while maintaining a robust cash and investment position of $53.6 million. The company underscores its confidence in tungsten amid tightening global supply.

CVC Limited projects a significant increase in net loss for H1 2025 and suspends its interim dividend amid cash flow concerns. Investors await detailed half-year results due late February.

Evolution Energy Minerals has revealed compelling new data from its Chikundo Cu-Pb-Zn VHMS prospect in Tanzania, confirming significant copper and zinc mineralization that underscores the project's potential for further resource development.

Mayne Pharma reports a robust first half of FY25 with revenues climbing to $210-$215 million and underlying EBITDA soaring by up to 300%, driven by strong performance in Women's Health.